Network Financial has been banned from recruiting any new advisers for four months - the first time the regulator has used this power - as punishment for "serious" failings in the running of the business. So what went wrong?
Financial is an adviser network based in Cheltenham, Gloucestershire, responsible for 299 appointed representatives (ARs) and 342 registered individuals (RIs) advising customers on pensions, investments...
Kept details private
More than 4,500 retail investors affected
After failing to turn up to hearing twice
Winning back consumer confidence
Taxation of loyalty bonuses
For 2022 Winter Olympics
30 years experience
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